Margate Real Estate Market Trends
Market Overview for Quarter 3, 2024
Median Sale Price
9.5% YoY
Median Price/Sqft
5.5% YoY
No. of Transactions
-5% YoY
County Median Sale Price
5.3% YoY
The median home sale price in Margate as of Q3 was $327K, up 9.5% year-over-year. A total of 288 deals were recorded, representing a year-over-year change of just -5%. In Q3, the median price per square foot was $270, a change of 5.5% year-over-year. At the same time, the Broward County median home sale price was $420K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Broward County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Southwest Ranches | $1,367,875 |
| 2 | Parkland | $1,050,000 |
| 3 | Lighthouse Point | $885,900 |
| 4 | Weston | $788,500 |
| 5 | Cooper City | $652,000 |
| 6 | Coral Springs | $584,950 |
| 7 | Wilton Manors | $542,500 |
| 8 | Miramar | $529,000 |
| 9 | Davie | $480,000 |
| 10 | Fort Lauderdale | $480,000 |
| 11 | Plantation | $465,000 |
| 12 | Hollywood | $461,500 |
| 13 | Pembroke Pines | $450,000 |
| 14 | West Park | $430,000 |
| 15 | Pompano Beach | $360,000 |
| 16 | Sunrise | $355,000 |
| 17 | Coconut Creek | $339,999 |
| 18 | Tamarac | $334,500 |
| 19 | North Lauderdale | $334,000 |
| 20 | Margate | $327,500 |
| 21 | Deerfield Beach | $310,000 |
| 22 | Dania Beach | $305,000 |
| 23 | Hallandale Beach | $300,000 |
| 24 | Oakland Park | $295,000 |
| 25 | Lauderhill | $210,750 |
| 26 | Lauderdale Lakes | $167,000 |
Residential Property Types Sold in Margate
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $160K | 8.8% | - | - | 125 |
| House | $432K | 19.4% | $270 | 5.5% | 163 |
The median sale price for houses in Margate in Q3 was $432K, up 19.4% year-over-year. Similarly, the median price for condos in Margate was also on the rise, gaining 8.8% to reach $160K in Q3.
Discover market trends in other cities in Broward County
Discover market trends in other popular cities across the U.S
Fair use and redistribution
We encourage and freely grant you permission to reuse and repost the information, charts and images found in this report. When doing so, we only ask that you link back to this page, or PropertyShark.com.
Disclaimer
PropertyShark.com provides commercial market trend information (Data) on an "as is" basis for the user's personal use. Data comes from publicly available sources which can be out of date. PropertyShark.com provides no warranties regarding title, merchantability, or fitness for a particular purpose. While reasonable efforts are made toward maintaining a high standard of quality of information, PropertyShark.com does not warrant the accuracy, completeness, timeliness or other characteristics of the Data.